- Investment Property Comprising Shop & 3 Bedroom Apartment
- Lytham St Annes
- In Good Order Throughout
- Busy All Year-Round Trading Location
- Retail Unit Currently Let
- Apartment is Currently Vacant
- Potential Income when Fully Let £17,000
- Forecourt
- Viewing Recommended
**FOR SALE BY AUCTION** On behalf of Pattinson Auctions, Kenricks are pleased to offer this Investment Property for Sale, which consists of a let Retail Unit and a 3-bed Apartment above currently vacant.
The property is situated on St Albans Road, a busy trading location and the retail unit is currently let to Transfurmations, a pet groomers, and the first-floor 3 bedroom apartment is currently vacant but ready to let.
Viewing recommended.
Ground Floor (Approx 671sq ft)
Open Plan shop/retail.
Kitchen Area/Storeroom
Separate Entrance to First Floor Apartment:
First Floor
Fitted Kitchen with exit leading down to the shared rear yard.
Lounge with feature fireplace.
1 x Double Bedroom
Bathroom comprising 3-piece suite
Separate WC
Stairs leading to:
Second Floor
2 x Double Bedrooms
EXTERIOR: Paved Forecourt and shared yard area to the rear with storage unit.
AGENTS NOTES: The apartment has central heating and is double glazed.
Sale subject to the fees, terms and conditions of Pattinson Auctions.
BUSINESS: We are informed the ground floor retail unit is currently let at rent of £458.33 pcm on a rolling lease. The long-standing tenant is open to agreeing a new lease with the incoming purchaser
The first-floor apartment is currently vacant, when let could draw a rent of £750 pcm.
Total potential annual income of both the retail unit and first floor apartment is £17,000 per annum with a rental uplift.
TENURE: Freehold
PRCE IS STARTING BID
VIEWING: By appointment through Kenricks 01253 420420.
